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Europeans work much less than Americans. Some studies claim this is due to high taxes in Europe, which would benefit by … that Americans would benefit by reducing work time to Europe's level. Empirical and experimental studies show utility falls … as other people's income rises. Due to its historical experience, Europe is able to internalize this and other negative …
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Debate about U.S. international tax policy often emphasizes norms, such as capital export neutrality (CEN) and capital import neutrality (CIN), that relate to worldwide welfare rather than U.S. national welfare. While this focus may seem paradoxical, or at least surprisingly altruistic in a...
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Europeans have worked less than Americans since the 1970s. In this paper, we quantify the relative importance of the extensive and intensive margins of aggregate hours of market work on the observed differences. Our counterfactual exercises show that the two dimensions of the extensive margin,...
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